A new record high price for a PH brownstone: $4.3M

whynot_31

On St. Marks, near GAP.

Photo credit and details:

http://therealdeal.com/blog/2013/06/27/4-3m-brownstone-sale-sets-prospect-heights-record/

pragmaticguy

According to Trulia the house is 6000 sq ft. or about 1200 per floor. Now, even at $200 a ft for rebuild cost that would only be $1.2 mil. Throw in another $100,000 for improvements for the deck and pond and maybe some miscellaneous and you're at $1.5 mil. So...the rest of this money is paid purely for location. Looks like PH is going to be the new Park Slope or maybe even better.

whynot_31

It never ceases to amaze me how much some people will pay to be far away from the food coop.

(kidding)